Megaworld Corp., the pioneer of the township development model in the country, reported a six percent increase in first-quarter net income as surge in retail spending and recovery in its hotel business offset broader real estate industry headwinds. In a disclosure to the Philippine Stock Exchange,...
Local stock market is expected to remain in a bearish holding pattern this week as prolonged diplomatic deadlock in the Middle East dampens investor appetite, even as the market looks toward domestic trade data and the United States (US) Federal Reserve for direction. While local equities have...
Just like how GCash got an unexpected but huge boost during the Covid-19 pandemic, another new business of Ayala Corp., car dealer ACMobility, is now benefiting from the Middle East conflict as surging fuel prices have heightened the appeal of electric vehicles (EVs). In a press briefing after the...
Top township developer Megaworld Corp. of tycoon Andrew Tan is set to turn over about ₱21 billion worth of big-ticket properties this year as it accelerates the development of its projects across the Philippines. The firm disclosed to the Philippine Stock Exchange (PSE) on Wednesday, April 22,...
Top township developer Megaworld Corp. is kicking off the ₱12-billion development of San Benito Private Estate in the next few months with the construction of roads, key infrastructure, and vital township components. The project, a 25-hectare (ha) integrated active wellness township located in...
Megaworld Corp., the country’s pioneer of the live-work-play township model, emerged as the sole real estate developer to secure a spot on the Best Workplaces in the Philippines 2026 list, according to global culture authority Great Place To Work. The property giant, led by billionaire Andrew...
Just like bourses worldwide, the Philippine stock market will mainly be influenced by developments in the Middle East, where the war started by the United States (US) and Israel against Iran is threatening the global supply chain and sending oil prices through the roof. While share prices have...
Jollibee Foods Corp. is moving to list its Highlands Coffee unit in Vietnam by the first quarter of 2027, seeking to capitalize on surging retail investor interest in one of Southeast Asia’s fastest-growing economies. In a disclosure to the Philippine Stock Exchange, Jollibee said that the board...
Investors in the equity market are bracing for a week of high-stakes data releases, with February inflation figures and a heavy slate of United States (US) economic indicators expected to dictate the trajectory of the benchmark index. After a strong finish in February, the Philippine Stock Exchange...
Megaworld Corp., the pioneer of the integrated township model in the country, is projecting continued growth this year after reporting its third consecutive year of record earnings. Lourdes Gutierrez-Alfonso, Megaworld president and chief executive officer, said the property giant plans to...
Local stocks are expected to trade on the strength of corporate earnings this week as investors pivot away from a sparse economic calendar and focus on the health of the private sector. With the fourth-quarter and full-year 2025 reporting season underway, analysts suggest corporate performance...
Local stock market is poised to trade on expectations surrounding the Bangko Sentral ng Pilipinas’ (BSP) upcoming policy meeting, with investors looking for a pivot toward monetary easing. The Monetary Board’s decision and subsequent guidance will be crucial in determining whether the...
